The State of Morse Lake Real Estate

Morse Lake Real Estate and Waterfront Homes

The good news for Morse is that sales prices have been trending up the past few years and I expect that trend to continue. With the US31 improvement project & the “Grand” projects (Grand Park & Grand Junction) going on in Westfield, I believe we will see more and more growth up this direction and a consistent increase in prices around the lake.

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I would always love to see more listings in the $400-$600K range as those tend to sell quickly if they are priced appropriately, especially those that have been updated! I have also noticed an increase in lake buyers and Morse Lake homes sales in the next price range ($600k – $900K) over the past year.

Great things are happening around Morse with the recently completed pedestrian bridge in Cicero, the hard work of the Morse Waterways AssociationHarbour Trees Golf & Beach Club’s presence, Wolfies @the Marina (a popular staple) & the brand new Lazy Frogg restaurant in Cicero opening February 2015! Our family can’t wait to try it out! Our water quality continues to remain good and we had a summer with no decrease in water levels!

It’s a great time to call Morse home!

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111 Harbour Trees Lane – SOLD

Morse Lake Numbers:

5 Highest Price Morse Lake Homes Sold in 2014

  • $1.266,600 – 7227 Hart Drive
  • $825,000 – 417 Chris Drive
  • $787,500 – 111 Harbour Trees Lane
  • $760,000 – 105 Harbour Trees Lane
  •  $745,000 – 209 Edgewater Drive
  • Average Sales Price – $439,310
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    Waterscape Condo Community

5 Highest Price Morse Lake Condo’s Sold in 2014

  • $355,000 –  3170 Beach Blvd – Beach Place
  • $263,000 – 420 Jackson St Unit 24 – One Waterfront Plaza
  • $255,500 – 20971 Shoreline Ct Unit 404 – The Villas
  • $245,000 – 420 Jackson St Unit 33 – One Waterfront Plaza
  • $228,000 – 20712 Newport Drive – Waterscape
  • Average Sales Price – $157,000

Total Homes & Condos Currently Listed (As of January 21, 2015): 48

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110 Bayley Cir – North Harbour

  • 16 Condos
  • 32 Homes
  • 8 Currently have accepted offers
  • 4 Have already closed in 2015!

Total Number of Morse Lake Homes & Condos Sold: 

  • In 2014 – 71
  • In 2013 – 67
  • In 2012 – 48

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In 2014, I had to privilege of personally selling $8.5 million in Morse Lake Real Estate and closed $18.3 million in total real estate! I live on the lake, I play on the lake and I would welcome the opportunity to help you find the Morse Lake home of your dreams!

Click here to begin your Morse Lake Home Search & See all Waterfront Homes For Sale!

Andy Sheets, Associate Broker
CENTURY 21 Scheetz
317-373-3434
Andy.Sheets@Century21.com

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